Last Updated: Friday, September 11, 2015, 17:08
China`s bank lending retreated in August, the central bank said Friday, after a sharp rise in July when the government directed funds into the stock market.
Last Updated: Monday, May 11, 2015, 10:46
China cut interest rates for the third time in six months on Sunday in a bid to lower companies` borrowing costs and stoke a sputtering economy that is headed for its worst year in a quarter of a century.
Last Updated: Friday, July 6, 2012, 12:02
The second rate cut this year made by China's central bank yesterday to boost the sagging economy came sooner than expected, but it has still more room for further reductions, say experts.
Last Updated: Thursday, June 7, 2012, 17:57
In an effort to shake up the country’s economic slowdown, China's central bank on Thursday cut benchmark interest rates by 25 basis points.
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